If you own an ugly and distressed home that has seen better days, you may want to sell it and get cash as soon as possible. Renovating a house that has structural issues can be expensive and stressful. And even after repairs and renovations, there is no guarantee that you will be able to sell it fast enough. For this reason, it is worth considering an alternative — selling your home to a home investor for cash. Here is a list of advantages of a cash offer on your distressed/ugly home.
The Home-Selling Process Is Faster
If you sell a home the traditional way, it takes at least a month to go through. The reason for this is that you have to deal with a lender. One of the best things about selling property to a home investor for cash is that there are no lenders to deal with. Therefore, most cash offers take no longer than two weeks.
There Are Fewer Fees
Anyone who has bought or sold a home at least once knows that the selling process comes with a lot of fees. However, if you decide to sell your home to a cash buyer, you can avoid some fees related to mortgages and lenders. Moreover, while saving money, you also save time that you do not have to waste on documentation.
Cash Offers Do Not Require Showings
When you sell your home to a cash buyer, you do not have to throw out showings for potential buyers. You also do not have to worry about staging the home you are going to sell. You will still have to show your home to a cash buyer, but it will be a walkthrough rather than a staging event. There are even some cash buyers who buy properties site unseen.
There Is Less Stress
The process of selling a home is stressful enough. By accepting a cash offer, you are making this process much easier and a little more enjoyable. You do not have to interact with many people, sign many documents, or handle many fees. This all significantly reduces the level of stress.
Cash Offers Do Not Require Repairs
Cash sales are as is, meaning that you do not have to fix any issues or defects in your house. Yes, you still have to disclose them, but you can sell your home to a cash buyer without spending time and money on fixes and repairs. This works particularly well for those home sellers who either cannot afford repairs or do not have time to make them.
Cash Offers Are Less Risky
A cash offer is definitely stronger and less risky than a traditional home sale. When you accept a cash offer, there is a guarantee that your home will be sold, and you receive your money within a week or two. Unfortunately, when you are selling a home with the help of a realtor, there is no such guarantee.
Sell Your Home Fast to KM Home Buyers
If you own a home in the Tampa Bay area that you want to sell as quickly as possible, KM Home Buyers will be able to help you. If your home is located in Pinellas, Hillsborough, Hernando, Pasco, or Polk Counties, KM Home Buyers will purchase your home in any condition. We do not require any repairs or fixes, and we will pay you cash. If you have any questions, or you want to know more about the home-selling process, feel free to visit our website or give us a call. We are always here for you.